Investment Banks

Brian Bailey, a senior financial policy analyst in the supervision and regulation division at the Federal Reserve Bank of Atlanta, talked with NREI about how the Fed keeps its fingers on the pulse of the commercial real estate market.

LaSalle Investment Management has raised $1 billion this year to invest in real-estate assets in Asia. A closer inspection of the $700 million purchase of 24,700 square feet of retail space plus air rights at the St. Regis Hotel and a neighboring townhouse reveals hidden value. Ross Glickman and Ken Lombard Capri Capital Partners LLC, a Chicago-based real estate firm, said it launched a retail investment business and hired the ousted leader of Urban Retail Properties LLC to run it. Staples Inc. said it will end a pilot program with the U.S. Postal Service to set up mini-post offices in the company’s stores. These are among today’s 10 must reads from around the commercial real estate sector....More

Sam Chandan writes about how the Basel III standards will affect commercial real estate lending. Sears Holdings Corp. Chairman and CEO Edward Lampert talked about how closing stores will continue to be part of the company’s future. Mondaq.com looks at how municipalities are using pop-up stores as a tool to drive long-term development. Amazon is opening six of its fulfillment centers for tours. Supervalu acquired 18 Rainbow Foods grocery stores from Roundy’s. These are all among today’s 10 must reads from around the commercial real estate industry....More

The Wall Street slice-and-dice machine is back in full force and now commercial real estate CDOs—unseen since 2007—are starting to come back according to Bloomberg. Fairway needs to slow down on its ambitious plans if it’s going to succeed. The NMHC has released its annual rankings of the top 50 multifamily owners and managers. JLL is launching a service modeled after Airbnb for the commercial real estate sector. Microsoft is taking space in San Francisco’s largest tower. These are all among today’s must reads for the commercial real estate sector....More

Lending to commercial and multifamily properties made another strong showing in the third quarter of 2013, according to the latest Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations released last week by the Mortgage Bankers Association....More

Brian Bailey, a senior financial policy analyst in the supervision and regulation division at the Federal Reserve Bank of Atlanta, talked with NREI about how the Fed keeps its fingers on the pulse of the commercial real estate market....More

Commercial real estate groups are nervous about the uncertainty around how new regulations may alter lending practices. In addition the Dodd-Frank Wall Street Reform and Consumer Protection Act and pending changes from the Financial Accounting Standards Board, the prospect of the third Basel Accord (Basel III) hangs over the industry....More